Optimal Monetary Policy in Production Networks
收藏NBER2020-07-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w27464
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资源简介：
This paper studies the optimal conduct of monetary policy in a multi-sector economy in which firms buy and sell intermediate goods over a production network. We first provide a necessary and sufficient condition for the monetary policys ability to implement flexible-price equilibria in the presence
提供机构：
美国国家经济研究局
创建时间：
2020-07-01
